Chancellor: Northern Powerhouse is very much alive

Save for later

Favourite

Yesterday at the Conservative Party Conference, the Chancellor, Philip Hammond, gave a categorical endorsement of the Northern Powerhouse as part of a wider approach to realigning economic growth across the country.

He said:

“The Northern Powerhouse project takes a visionary approach - linking the great cities of the North into a coherent economic entity - an interconnected region that raises productivity and delivers growth by making it easier and cheaper for firms and individuals to move goods, people, and ideas. 

“And I pledge today, that the Treasury, under my leadership, will continue to drive the Northern Powerhouse project, working in partnership with local leaders to see it deliver its potential for people in the North.”

After the painful hiatus over Hinkley Point, this will reassure many in the infrastructure community, including its project managers, who could be forgiven for thinking that a personal agenda against the former Chancellor George Osborne was clouding political and economic judgements in the national interest.

Osborne himself has indicated that he will continue to press the case for the Northern Powerhouse and the forthcoming Mayoral elections in Liverpool and Manchester will focus minds on the challenges of turning investment into social progress.

However, in the short term, we await the main course which will follow yesterday’s appetiser. 

The Chancellor was sparing in his announcements, choosing to reserve what firepower he has for the Autumn Statement on 23 November.

The pressure will rightly be on him to follow through, and commit to infrastructure spending which will help the economy resist recessionary pressures as the reality of Brexit begins to bite.

On 8 December, APM will hold a conference in Manchester which will be ideally timed to debate and discuss these issues, as they affect project management, with a range of senior speakers. 

default

Posted by Julian Smith on 4th Oct 2016

About the Author
Julian Smith is head of external affairs at APM.

Comments on this site are moderated. Please allow up to 24 hours for your comment to be published on this site. Thank you for adding your comment.
{{comments.length}}CommentComments
{{item.AuthorName}}

{{item.AuthorName}} {{item.AuthorName}} says on {{item.DateFormattedString}}:

Share this page

Login or Register to leave a comment:

Recommended events

Event

Project Controls Expo 2017

16 November 2017

Recommended blogs

Diversity is the magic bullet to successful projects

4 October 2016

The more diverse your team is, the more impressive its problem-solving and decision-making skills will be.

Save for later

Favourite

Successful change and governance - culture matters

4 October 2016

Good governance is about how people behave. These behaviours need to be set from the top.

Save for later

Favourite

Recommended news

Autumn Newsletter 2016

2 October 2016

Save for later

Favourite

Event

Driving transformation through engaged teams, 13th Sep 2016

2 October 2016

Have you ever wondered what the difference was between Project Management and Change Management? Why both are needed to make a project truly successful and ensure the benefits are realised? On the 13th September 2016, Ranjit Sidhu came to Norwich to explain all!

Save for later

Favourite

Join APM

Sign up to the APM Newsletter.